Tullow Oil (LON:TLW) Share Price Passes Above 200-Day Moving Average of $33.10

Tullow Oil plc (LON:TLWGet Free Report)’s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 33.10 ($0.41) and traded as high as GBX 35.88 ($0.44). Tullow Oil shares last traded at GBX 35.10 ($0.43), with a volume of 2,409,786 shares traded.

Tullow Oil Stock Up 2.0 %

The firm has a market cap of £519.10 million, a PE ratio of -585.00, a price-to-earnings-growth ratio of -0.19 and a beta of 2.08. The company has a quick ratio of 0.63, a current ratio of 1.04 and a debt-to-equity ratio of 457.18. The business has a 50-day moving average price of GBX 31.28 and a two-hundred day moving average price of GBX 33.10.

Insider Buying and Selling

In related news, insider Roald Goethe purchased 71,535 shares of Tullow Oil stock in a transaction on Tuesday, April 16th. The shares were bought at an average price of GBX 37 ($0.46) per share, with a total value of £26,467.95 ($32,692.63). 22.08% of the stock is currently owned by insiders.

Tullow Oil Company Profile

(Get Free Report)

Tullow Oil plc engages in the oil and gas exploration, development, and production activities primarily in Africa, Europe, and South America. The company was founded in 1985 and is headquartered in London, the United Kingdom.

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